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In focus today Focus today turns to euro area inflation for May which is due 11.00 CET. After German and Spanish headline HICP came in slightly stronger than consensus, we see slight risks of a topside surprise to the euro area headline HICP consensus of 2.5% y/y. We expect headline HICP to print 2.5-2.6% y/y. […]

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12/06/2024

After Macron’s Election Gamble, Is Political Risk a New Headwind for the Euro?

Snap elections in France spur panic in euro and French stock market Doubts about Germany’s coalition add to euro’s woes Is political instability about to become a persistent risk for the euro? Europe steers to the right Financial markets don’t usually pay so much attention to elections for the European Parliament, as national governments are […]
11/12/2023

EURNZD Wave Analysis

EURNZD reversed from support level 1.7530 Likely to rise to resistance level 1.7800 EURNZD recently reversed up from the strong support level 1.7530, which has been steadily reversing the pair from the middle of January. The support level 1.7530 was strengthened by the lower daily Bollinger Band. Given the strength of the support level 0.9420 […]
23/01/2024

New Zealand Dollar Eyes Services PSI

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